Chương 1 Nghị định 90/2001/NĐ-CP: Những quy định chung

Chapter I

GENERAL PROVISIONS

Article 1.- Objectives

Developing small- and medium-sized enterprises (SMEs) is an important task in the strategy for socio-economic development and acceleration of the national industrialization and modernization.

The State encourages and creates favorable conditions for SMEs to bring into play their activeness and creativeness, raise their managerial capability, develop sciences, technologies and human resources, expand their cooperative ties with enterprises of other forms and increase the business results as well as competitiveness on the market; develop production and business, create jobs and improve the laborers life.

Article 2.- Scope of regulation

SMEs shall enjoy preferential treatment policies according to current legislation. This Decree prescribes more support policies for SMEs and SME development promotion organizations to meet the socio-economic development requirements and accelerate the national industrialization and modernization.

Article 3.- Definition of SMEs

SMEs are independent production and business establishments, which make business registration according to the current law provisions, each with registered capital not exceeding VND 10 billion or annual labor not exceeding 300 people.

On the basis of the concrete socio-economic situation of each branch or locality, in the course of implementing the support measures and programs, both or either of the above-mentioned criteria on capital and labor may be applied in a flexible manner.

Article 4.- Subjects of application

This Decree shall apply to SMEs, including:

- Enterprises set up and operating under the Enterprise Law;

- Enterprises set up and operating under the State Enterprise Law;

- Cooperatives set up and operating under the Cooperative Law;

- Business households making registration under the Government’s Decree No.02/2000/ND-CP of February 3, 2000 on business registration.

Article 5.- Support program

The State’s program on support for SMEs (called support program for short) is a target program for SMEs, based on the orientation of prioritizing the socio-economic development and the development of branches and localities which need encouragement. This support program shall be incorporated in the annual and five-year plans to be decided by the Prime Minister or presidents of the People’s Committees of the provinces and centrally-run cities.

The support program covers: objectives, categories of SMEs classified according to their business lines and operation fields and locations, contents and sources of support, plans and measures on mechanisms and policies, and organization of implementation. To attach importance and give priority to support for those SMEs managed by businesswomen.